Christopher Goldsbury Net Worth

Net Worth: $1.35 Billion
  • Source of Wealth:

    Business, Company, Investment, Equity
  • Marital Status:

    Married to Linda Marie Pace
  • Full Name:

    Christopher Goldsbury
  • Nationality:

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About Christopher Goldsbury

Christopher Goldsbury is the Chief Executive Officer of Silver Ventures with an estimated net worth of $1.35 billion as of March 2013 according to Forbes. In the “Forbes 400” list, he was the 345th richest person and he was ranked 1088th in the list of World Billionaires.

Goldsbury married Linda Pace Carter, the daughter of the Pace Salsa factory owner, in 1967. He started working at Pace in 1969, cutting vegetables in the production line and making the picante sauce from scratch. In 1977, became the company’s President. In 1982, he and Linda bought out the remaining family shares in the firm and they ran it by themselves until their divorce in 1987. In that year, he bought his wife’s half of the business for $95 million and expanded it to national and international markets over the next decade. In 1996, he sold the entire outfit of privately owned Pace to Campbell Soup for $1.1 billion.

Christopher Goldsbury then went back to the food industry with Silver Ventures, a company that has stake in NatureSweet, a tomato producer. In 2009, he sold Ecce Panis, an artisanal bread maker, to Campbell again for a reported $65 million. His investments have been paying off and in return, he made a record $35 million donation to the Culinary Institute of America in 2007. He then convinced the school to open a campus in the site of the former Pearl Brewery in San Antonio which was bought by his private equity firm Silver Ventures in 2001.

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